Austan Dean Goolsbee (born August 18, 1969) is an American economist, currently serving as the Chairman of the Council of Economic Advisers and the youngest member of the cabinet of President Barack Obama . Goolsbee is on leave from the University of Chicago where he is the Robert P. Gwinn Professor of Economics at the Booth School of Business.
The Obama White House says Mr. Goolsbee will resign his post as Chairman of the Council of Economic Advisers in the summer of 2011 to return to teaching at the University of Chicago Booth School of Business. Goolsbee has been the face of the White House on economic news, and is a regular every first Friday of the month explaining the Obama Administration's take on the latest jobless numbers. Goolsbee served on the three-member Council since the start of the Obama Administration. He advised President Obama during his 2004 U.S. Senate race and was senior economic policy adviser during the 2008 Obama Presidential Campaign. He took over in September of 2010 as the Council's Chairman, replacing Christina Romer, who had left to return to a teaching position at the University of California at Berkeley. On June 6, he announced that he was departing the administration and returning to the University of Chicago.
Goolsbee was born in Waco, Texas, the son of Linda Catherine (née Dean) and Arthur Leon Goolsbee. He was raised primarily in Whittier, California.